The Gambling Commission of Montenegro was established in 2008 and operates on the basis of the "Gambling Law." The organization is subordinate to the Ministry of Finance and is engaged in state gambling regulation. Its purpose is to issue gambling licenses for various types of gambling, including land-based and online casinos. In general, the Commission issues more than 11 types of licenses. It also regulates, together with the Ministry of Finance, the permissible norms for the location of buildings in which gambling is carried out.
The Gambling Commission of Montenegro was established in 2008 and operates on the basis of the "Gambling Law." The organization is subordinate to the Ministry of Finance and is engaged in state gambling regulation. Its purpose is to issue gambling licenses for various types of gambling, including land-based and online casinos. In general, the Commission issues more than 11 types of licenses. It also regulates, together with the Ministry of Finance, the permissible norms for the location of buildings in which gambling is carried out.
On the official website of the Administration, there is no information about the full list of online casinos with this license. After analyzing a large amount of information, Casinoz found no reliable casino licensing information in this jurisdiction. This is quite understandable, according to the laws of Montenegro, as access to online casinos in another country is not punishable for players, so there is virtually no need for large gambling operators to obtain a license.
The head office of the organization is located in Podgorica (the capital of Montenegro). The date of establishment of the Commission is October 2008.
E-gambling Montenegro (eGM) or Games of Chance Administration is the only organization that has the right to license the gambling business in Montenegro.
The Commission cooperates with the Ministry of Finance, but in general, its activities are characterized as independent.
The main peak of popularity of these licenses in Internet gambling occurred in 2014, along with a number of compromising statements. Online casino sites licensed in this jurisdiction did not use the original slot machines from Netent and Novomatic. Perhaps this is due to the low cost of the license for online casinos, on average it is 10 000 Euros per month.
In 2015, the bookmaker Exbinog cheated its players and was subsequently deprived of a gambling license, but at the same time, the regulator refused to deal with customer complaints, even filed during the license period.
Also, the social aspect of the gambling Commission of Montenegro is not sufficiently developed in comparison with other world regulators. On the official website, there is no information or contacts to help players suffering from gambling addiction. In general, everything comes down only to the prohibition of placing gambling establishments no closer than 250 meters from schools and children's institutions.
Only persons over the age of 18 years are allowed to play.
The regulator has the following functions:
More information is available on the official website.
The Gambling Commission licenses all possible types of gambling entertainment. Moreover, the regulator has the right to decide on its own whether a game belongs to the gambling category and can actually bring any game under this analogy.
All licenses issued for different types of lotteries, Toto, bets on equal chances are valid for 10 years with the possibility of prolongation once for five years.
Only the operator who already has a license to organize offline gambling can provide a gambling license for online casinos. Another requirement is that online operators be connected to the Commission's electronic licensing and information systems.
Gambling licensing takes place without specific requirements on the number and type of video slots and games. For example, you can be the owner of one slot machine in a land-based institution and apply for a gambling license for an online casino. Naturally, such a licensing system raises a number of questions from world experts.
Only companies registered in Montenegro can obtain a gambling license. The monthly fee to the regulator is:
Dispute resolution is the problem side of the license. If we assess the situation with land-based casinos and bookmakers in this country, everything can be resolved at the legislative level. The player can simply go to court, although the Commission is not particularly trying to grasp the essence of the player's problem.
The situation with online casinos is much worse. The regulator ignores user complaints and does not want to participate in their decisions. The punishment for the operators themselves does not go beyond the verbal warning.
It was disappointing that the Montenegrin Commission was not making sufficient efforts to punish operators accordingly. Because of this, gambling licenses for online casinos in this jurisdiction currently have no good reputation among players and regulators of online gambling. However, recently, there have been a number of positive changes. For example, the casino has become mandatory to verify the identity of the player if the total sum of his deposits reaches 2000 Euros.
In 2016, the Constitutional Court declared the placement of slot machines in hotels illegal. However, after analyzing the official sources, Casinoz's opinion is clear: online gambling in Montenegro is in a sad state. In 2019, the government plans to improve the quality of gambling regulation on the Internet significantly.
eGambling Montenegro is a company that provides comprehensive services to new online gambling operators. It helps them obtain licenses, open bank accounts, set up websites, and provide advice on many other issues related to starting a gambling business in Montenegro. The company fully complies with all the local gambling legislation requirements.
eGambling Montenegro offers a wide range of services, from license acquisition to website management. They help new operators to understand all the legal and technical aspects of running an online casino or betting shop in Montenegro.
eGambling Montenegro has in-depth knowledge of the local market and legislation. They have extensive experience in the online gambling industry and can help new operators avoid many mistakes and speed up the launch process. In addition, the company offers a personalized approach to each client and is ready to tailor its services to specific business needs.
Cooperation with eGambling Montenegro allows new operators to save the time and resources needed to launch an online casino. The company handles most of the routine work related to obtaining licenses, opening bank accounts, and setting up the technical infrastructure. In addition, eGambling Montenegro customers have access to expert support and advice on all matters related to online gambling.
The requirements for obtaining an online gambling license in Montenegro can vary depending on the type of games and services the operator plans to provide. However, in general, in order to obtain a license, you must have an impeccable reputation, sufficient financial resources and meet all the requirements of local legislation. eGambling Montenegro will help you to understand all the nuances and prepare all the necessary documents.
The time it takes to obtain an online gambling license in Montenegro can vary depending on the complexity of the project and the speed of submitting all the necessary documents. On average, the process takes several months. eGambling Montenegro will do everything possible to speed up the process of obtaining a license.
Starting an online casino in Montenegro involves certain risks, as in any other jurisdiction. The main risks include changes in legislation, competition in the market, technical failures, and problems with payment systems. eGambling Montenegro will help you minimize these risks and develop an effective strategy for your business development.
Main info | |
License types | Bingo , Ekspres i instant lutrija , TV tombola i tombola zatvorenog tipa , Loto , Keno , Toto , Lutrija , Druge slične igre na sreću s izvlačenjem , Online casino , Kockarnice na terenu , Igre na sreću na automatima , Kladioničke igre |
Name | eGambling Montenegro |
Site languages | English , Български , Srpski |
Website | http://www.uis.mif.gov.me/ |
🗓️ Foundation date | October 1, 2008 |
Contacts | |
🏠 Post address | Улица Сима Баровича бр. 30 Подгорица Черногория |